Share this post

You now have a decent hourly close below something...thinking short..but short into what?

Is there enough range there for you to make anything.

Personally I'd wait for the close below the lower line because then it should fall.

Up lines broken by down bars = short
Down lines broken by up bars = long

Price has just broken one up line (good) but there's still an up line right below it.
It's now 11pm, going into Asia...wonder if there's gonig to be any volume or if it's just going to bounce around in this area?